Monrovia – The United States Government says it is proud of the results of the Millennium Challenge Corporation (MCC) Liberia Compact being implemented by the Millennium Challenge Account - Liberia, which encourages economic growth that reduces poverty, creates new opportunities, and improves the lives of Liberians. In a letter address to media houses in Monrovia on Thursday, US Ambassador to Liberia, Christine Elder, said as Liberia approaches a crucial point in fulfilling its commitment to increase access to affordable power for its citizens, it is an ideal time to address recent questions about the Millennium Challenge Corporation's Liberia Compact. Ambassador Elder pointed out that the Liberia Compact has many features to ensure accountability, including internationally accepted guidelines for procurement, financial management, and public disclosures. The Liberian Government during the Ebola crisis in 2014 appealed to the US Government for US$257 million Liberia Compact which was signed in January 2016. The Liberia MCC model is different from other forms of U.S. assistance because is being implemented by the Liberian government through an entity called the Millennium Challenge Account - Liberia.

Source: Front Page Africa April 06, 2018 02:15 UTC